XMRBTC Heading up - Target 0.021

18 May 2017

Monero looks good today. Spiked up with good volume and corrected appropriately. Correction is holding at 0.5 Fib with bull divs on RSI and %R. On the Ichimoku front, the Kumo has twisted to bull, with TK and Chikou on the top side of the Kumo. Flat kijun may act to attract prices to it for a bounce.

Target is now set to previous top 0.021 if price action breaks out to the topside. A close below 0.5 Fib will signal a further drop.

19 May 2017

Not

Some sideways movement on the 0.382 Fib. Still ok to go. I'll wait it out to see where it breaks out to.

22 May 2017

Not

XMRBTC is still moving sideways with OBV rising. Accumulation is in progress. Trendlines are still respected so we may yet see a break to the upside.

24 May 2017

İşlem kapandı: hedefe ulaştı

Close enough. Time to take profit.